Wine Bar -cocktail Bar- Restaurant - Tapas - Cafe - Wine Bar - Cocktail Bar - Psa Licence - Tapas - Inner City Sydney - Darlinghurst

Business For Sale Darlinghurst, New South Wales 2010

Business Category Pubs



Wine Bar -cocktail Bar- Restaurant - Tapas - Cafe - Wine Bar - Cocktail Bar - Psa Licence - Tapas - Inner City Sydney - Darlinghurst

Wine Bar -Cocktail Bar- Restaurant - Tapas - Cafe - City Fringe - Agent SBX Code Number: SF1505

Wine Bar/ Restaurant with PSA - Cocktails - Tapas - Restaurant - Currently closed this is a wiwo and not selling on figures opportunity - Was Trading four to five nights with loads of atmosphere, good reviews and serving seasonal and simple good bar food including steak, seafood and a selection of tapas . - Takings approx. 60% cocktails - 40% food. - Kitchen includes exhaust and grease trap. - Fully licensed with a PSA license in place - 50 seats - Figures shown are the weekly average for 2019 - This is currently not a going concern and gst may be applicable of 10% - No stock

Could open more days and nights - Open for private functions and catering - Could introduce cafe by day / open for lunch - Continue to grow the business

Long lease - Easy to learn menu and training provided - Very popular - Lifestyle business - Nothing to spend - PSA License and ready to trade again - No Lockout laws

All new set up New York style bar with marble table tops and large bar, a refined and beautifully designed room and area of 75 sq. mts.

Situated on a busy main street in a very densely populated area known for its local bars and eateries in the Inner City area and minutes from the train station .

Trading Hours
5 nights - Tues - Sat. - 5 pm - 12 midnight (Currently closed)_

Current lease expires June, 2022 + 5 year option - 4% increases, - 3 month bond.

1 owner + 2 parttimers + 1 casual

Misc.- 1- Other general expenses and GST - This business only traded 4 - 5 nights per week so lots of potential to open more days and further increase sales and profit. - Fit out cost was over $150K in Dec 2016 - Great looking venue! Potential to add more cafe items - Figures shown are weekly average for 2019 - Currently closed and a walk in walk out and not selling on figures opportunity - Suitable to run as a cafe or introduce as a takeaway!! Meetings by appointment only!!

Agent SBX Code Number: SF1505 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 535064
Broker REF: SF1505

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